Filed January 27, 2021
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 7-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $102,527 | $52,279+96.1% | $89,391+14.7% | $79,858+28.4% |
| Participation rate | 97.1% | 57.5%+39.5pp | 68.0%+29.1pp | 69.6%+27.4pp |
| Annual return | 21.44% | 22.16%-0.7pp | 245.62%-224.2pp | 31.71%-10.3pp |
| Employer contribution / active EE | $7,375 | $1,572+369.3% | $2,586+185.2% | $2,471+198.5% |
| Participant deferral / active EE | $11,513 | $2,740+320.1% | $3,890+196.0% | $3,740+207.8% |
| Admin fee / account holder | $3,544 | $3,356+5.6% | $4,881-27.4% | $5,306-33.2% |